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0 Ranch Summit

Encinitas, CA 92024
  • $3,990,000
  • STATUS: Closed
  • ON SITE: 143 Days
  • ID#: OC24067972
Sold - 05/22/2024
$3,990,000
SOLD - 05/22/2024
  • 0
    BEDS
  • 9.87
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing Agent(s): Lucy Scott of Visionaire Real Estate (949-877-9000)


Description

Smells the Money and Opportunity! 50% lower than market price comapred to the sode adjucent same size lot. DREAM HOME LOT! Approximately 50% lower than market price compared to the sold adjacent same size lot. This listing is selling 9.87 acres R4 residential lot with hills view, nice creek behind the lot. It located at Olivenhein Ranch, an unincorporated area of the county of San Diego, on the border of Encinitas. All roads Nearby have been paved, Easy to find, the lot has clear boarders, the crossroads are Fortuna Ranch and Ranch Summit Drive, Adjacent to Rancho Michelle Dr. where the exact same size 9.9 acres lot has been subdivided into 4 lots and sold at $2.2 million Approximately per 2 acres lot. In 2020, the famous builder "SHEA Homes" developed a new luxury community nearby (cross the street), The community was so popular and has been completely sold out within months. This is a fast-developing high-end area surrounded by luxury Residence or ranch homes, some of then have helicopter pads, private lakes, mini golf courts or horse barns. Water and utilities ready to be applied from the city; current zoning is R4 residential lot.. This is great value in this fast value appreciating area. Price fits for owner/user or developer. Some county documents shown the address was 1735 Ranchi Summit Dr., Ecinitas; The title report also shown the address is: 0 Fortuna Ranch Rd, Encinitas, CA 92024Seller originally was selling 4.9 acres land which was half of full 9.87 acres lot on this listing; the 4.9 acres land at the listing price of $1.99 million, the whole land of 9.87 acres at Price of $3.99 Million.

Sold by Lucy Scott of Visionaire Real Estate.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-09-08T00:28:23.18. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Action Realty. Licensed in the State of California, USA.
www.actionrealtyca.com/homes/149221656
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0 Ranch Summit Encinitas, CA 92024

  • Price: $3,990,000
  • Status: Closed
  • On Site: 143 Days
  • Updated: 160 min ago
  • ID#: OC24067972
0
Beds
0
Baths
0
½ Baths
9.87
Acres
Neighborhood:
Olivenhain
County:
San Diego
Area:
92024 - Encinitas
Property Description
Smells the Money and Opportunity! 50% lower than market price comapred to the sode adjucent same size lot. DREAM HOME LOT! Approximately 50% lower than market price compared to the sold adjacent same size lot. This listing is selling 9.87 acres R4 residential lot with hills view, nice creek behind the lot. It located at Olivenhein Ranch, an unincorporated area of the county of San Diego, on the border of Encinitas. All roads Nearby have been paved, Easy to find, the lot has clear boarders, the crossroads are Fortuna Ranch and Ranch Summit Drive, Adjacent to Rancho Michelle Dr. where the exact same size 9.9 acres lot has been subdivided into 4 lots and sold at $2.2 million Approximately per 2 acres lot. In 2020, the famous builder "SHEA Homes" developed a new luxury community nearby (cross the street), The community was so popular and has been completely sold out within months. This is a fast-developing high-end area surrounded by luxury Residence or ranch homes, some of then have helicopter pads, private lakes, mini golf courts or horse barns. Water and utilities ready to be applied from the city; current zoning is R4 residential lot.. This is great value in this fast value appreciating area. Price fits for owner/user or developer. Some county documents shown the address was 1735 Ranchi Summit Dr., Ecinitas; The title report also shown the address is: 0 Fortuna Ranch Rd, Encinitas, CA 92024Seller originally was selling 4.9 acres land which was half of full 9.87 acres lot on this listing; the 4.9 acres land at the listing price of $1.99 million, the whole land of 9.87 acres at Price of $3.99 Million.
Exterior Features

Lot Features 6-10 Units/AcreRanchRocks View BluffCanyonHillsPeek-A-BooRocksTrees/Woods View YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Buyer Financing Other Common Interest None Community Features FoothillsSidewalksValley Land Lease YN No Listing Agreement Exclusive Right To Sell Listing Service Limited Service Listing Terms CashCash to Existing LoanCash to New LoanConventional1031 Exchange New Construction YN No Senior Community YN No Special Listing Conditions Standard Utilities Other Water Source PublicSee Remarks Zoning Residential



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-09-08T00:28:23.18. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Action Realty. Licensed in the State of California, USA.
 
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1664 Montgomery St
Oroville CA, 95965
Listing Agent(s): Lucy Scott of Visionaire Real Estate (949-877-9000)